News Flash

StormGeo Opens New Office In Denmark

StormGeo Opens New Office In Denmark

Weather intelligence firm StormGeo has opened a new office in Copenhagen, Denmark to better support shipping companies in the region....
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Scorpio Sells Seven Bulkers To Star Bulk

Scorpio Sells Seven Bulkers To Star Bulk

Scorpio Bulkers has continued its fleet sell off with the sale of seven vessels to Star Bulk, as it pivots...
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Dr. Peters Group, Chemikalien Seetransport Create Ship Management JV

Dr. Peters Group, Chemikalien Seetransport Create Ship Management JV

Hamburg-based tanker shipping company Chemikalien Seetransport (CST) and Dortmund-based Investment Manager Dr. Peters Group (DPG) have established a joint venture...
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Euronav Acquires Resale Newbuild Eco-suezmax Pair For $113m

Euronav Acquires Resale Newbuild Eco-suezmax Pair For $113m

Euronav has entered into an agreement to acquire two resale suezmax newbuildings that will be able to run on LNG...
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Liberia Becomes First Ship Registry To Join Neptune Declaration

Liberia Becomes First Ship Registry To Join Neptune Declaration

The Liberian Registry has become the first ship registry to sign onto the Neptune Declaration on Seafarer Well-being and Crew...
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Port Of Cartagena Passes 3m Teu Mark In 2020

Port Of Cartagena Passes 3m Teu Mark In 2020

Cartagena, on the Atlantic coast of Colombia, has become the largest transhipment terminal in the Caribbean handling over 3m teu...
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K Line To Expand Sharing Of Ship Operational Data

K Line To Expand Sharing Of Ship Operational Data

Japanese shipping major Kawasaki Kisen Kaisha (K Line) and Ship Data Center (ShipDC) have agreed to share operational data of...
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Iran Releases Crew Of Detained South Korean Tanker

Iran Releases Crew Of Detained South Korean Tanker

Iran agreed to release the crew of a South Korean chemical tanker that it detained at the beginning of January....
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New BIMCO Clause Aims To Curb AIS Abuse

New BIMCO Clause Aims To Curb AIS Abuse

BIMCO is working on a charter party clause to help tackle potential abuse by sanctions busters of the Automatic Identification...
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Port of Antwerp, The Gateway Between Western Europe And The Great Lakes St. Lawrence Region

Port of Antwerp, The Gateway Between Western Europe And The Great Lakes St. Lawrence Region

Port of Antwerp has several Memorandum’s of Understanding with foreign partners. One of these partners is the Great Lakes St...
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Corvus Plans Large-scale Production Of Maritime Fuel Cell Systems With Toyota

Corvus Plans Large-scale Production Of Maritime Fuel Cell Systems With Toyota

Energy storage firm Corvus Energy is planning to start the development and production of large-scale maritime hydrogen fuel cell systems...
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Hyundai Heavy IPO Plan Faces Feasibility Doubts

Hyundai Heavy IPO Plan Faces Feasibility Doubts

The feasibility of the scheduled Initial Public Offering (IPO) of Hyundai Heavy Industries is facing doubts as the plan may...
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InceMaritime Makes Debut With Integrated Cyber Security Service

InceMaritime Makes Debut With Integrated Cyber Security Service

UK-based international law firm Ince has launched an integrated cyber security solution in conjunction with Mission Secure, one of the...
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Geollect Wins ADMIRALTY Maritime Insurance Innovation Challenge

Geollect Wins ADMIRALTY Maritime Insurance Innovation Challenge

The UK Hydrographic Office (UKHO) has announced leading geospatial intelligence technology provider Geollect as the winner of the second ADMIRALTY...
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Furuno Launches The First IMO-compliant X-band and S-band Radar Package

Furuno Launches The First IMO-compliant X-band and S-band Radar Package

FURUNO ELECTRIC CO., LTD. (headquartered in Nishinomiya, Japan) presents, for the first time, a complete Magnetron-free Radar/Chart Radar Solution in...
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KDB Moving To Sell Off HMM To POSCO

KDB Moving To Sell Off HMM To POSCO

Korea Development Bank (KDB) is planning to sell off HMM (formerly known as Hyundai Merchant Marine) to POSCO. KDB, the...
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MOL Announces Restructuring Measures

MOL Announces Restructuring Measures

Mitsui O.S.K. Lines, Ltd. yesterday announced that it will restructure the organization effective April 1, 2021, as follows: 1. Establishment of...
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Shipping Industry Seeks Govt. Help To Deal With Piracy In Gulf of Guinea

Shipping Industry Seeks Govt. Help To Deal With Piracy In Gulf of Guinea

Cargo from the oil-rich region plays a crucial role in ensuring India’s energy security The Indian National Shipowners’ Association (INSA),...
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Avenir LNG Limited Announces The Launch Of The Avenir Allegiance

Avenir LNG Limited Announces The Launch Of The Avenir Allegiance

Avenir LNG Limited announces the launch of the Avenir Allegiance; the world’s largest dual-purpose, LNG supply and bunkering vessel from...
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Australian Coal Trade Up Despite Chinese Woes

Australian Coal Trade Up Despite Chinese Woes

The value of Australia’s coal exports increased by 26% in the month of December, compared with November, despite the ongoing...
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